Nonprofits›Friends Of Chattanooga Prep Inc

Education

Friends Of Chattanooga Prep Inc

CHATTANOOGA, TN

View as a funder

Total revenue

$943K

Total expenses

$1.2M

Net assets

$9.3M

Grants received

$3.6M

27 grants

EIN

813512599

Tax year

2023

Mission

The organization is devoted to supporting single sex educational policies, practices and structures that lead to increased academic success among boys and young men. Specifically, the organization will act as the sponsor of a public charter school (prep public schools) created pursuant to the tennessee public charter school act of 2002.

Financials

FY 2023

Revenue

Contributions & grants$943K
Program service revenue—
Investment income$2
Other revenue—
Total revenue$943K

Expenses

Grants paid$298K
Salaries & benefits—
Fundraising—
Other expenses$911K
Total expenses$1.2M
Total assets$19.7M
Net assets$9.3M

People

5 listed

NameRoleCompensation

TED ALLING

CHAIR

Board

—

5 hrs/wk

SUE ANNE WELLS

DIRECTOR

Board

—

1 hrs/wk

JACK STUDOR

DIRECTOR

Board

—

1 hrs/wk

KELLY ALLING

DIRECTOR

Board

—

1 hrs/wk

DAVID CAINES

DIRECTOR

Board

—

1 hrs/wk

Independent contractors

ROBERT ROBERTS LLC

CONSTRUCTION

$1.3M

TRANE US INC

HEATING & AIR INSTALLATION

$149K

Grants received

Showing 27 of 27

FromAmountPurposeYear
CHATTANOOGA CHRISTIAN COMMUNITY
$28K
ORGANIZATIONAL SUPPORT
2024
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$25K
UNRESTRICTED GENERAL SUPPORT
2024
PREP PUBLIC SCHOOLS
$865K
FOR THE SUPPORT OF THE ORGANIZATION
2023
CHATTANOOGA CHRISTIAN COMMUNITY
$55K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2023
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$50K
UNRESTRICTED GENERAL SUPPORT
2023
CRICHTON FAMILY FOUNDATION
$15K
General support
2023
BILL AND CRISSY HASLAM FOUNDATION
$15K
GENERAL OPERATING SUPPORT
2023
BILL AND CRISSY HASLAM FOUNDATION
$15K
MOVING EXPENSE
2023
THE HASLAM 3 FOUNDATION INC
$15K
KNOXVILLE PREP ACADEMY SUPPORT
2023
CHATTANOOGA CHRISTIAN COMMUNITY
$14K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$10K
For grant recipient's exempt purposes
2023
PREP PUBLIC SCHOOLS
$893K
FOR THE SUPPORT OF THE ORGANIZATION
2022
THE HASLAM 3 FOUNDATION INC
$100K
KNOXVILLE PREP ACADEMY SUPPORT
2022
BILL AND CRISSY HASLAM FOUNDATION
$100K
GENERAL OPERATING SUPPORT
2022
CRICHTON FAMILY FOUNDATION
$20K
general support of operations
2022
CHATTANOOGA CHRISTIAN COMMUNITY
$10K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2022
FRANK JB & EMMA S VARALLO FOUNDATION
$5K
OPERATING FUNDS
2022
PREP PUBLIC SCHOOLS
$420K
FOR THE SUPPORT OF THE ORGANIZATION
2021
CRICHTON FAMILY FOUNDATION
$20K
General support of operations
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$500K
For grant recipient's exempt purposes
2020
PREP PUBLIC SCHOOLS
$217K
FOR THE SUPPORT OF THE ORGANIZATION
2020
RAYMOND JAMES CHARITABLE ENDOWMENT FUND
$50K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2020
CRICHTON FAMILY FOUNDATION
$20K
General
2020
CHATTANOOGA CHRISTIAN COMMUNITY
$3K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2020
PREP PUBLIC SCHOOLS
$52K
FOR THE SUPPORT OF THE ORGANIZATION
2019
RAYMOND JAMES CHARITABLE ENDOWMENT FUND
$45K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2019
RAYMOND JAMES CHARITABLE ENDOWMENT FUND
$25K
GENERAL USE
2017

Funded by

$3.6M from 9 funders · 27 grants · 2017–2024

Prep Public Schools

$2.4M · 5 grants · 2019–2023

Fidelity Investments Charitable Gift Fund

$510K · 2 grants · 2020–2023

Bill And Crissy Haslam Foundation

$130K · 3 grants · 2022–2023

Raymond James Charitable Endowment Fund

$120K · 3 grants · 2017–2020

The Haslam 3 Foundation Inc

$115K · 2 grants · 2022–2023

Chattanooga Christian Community

$110K · 5 grants · 2020–2024

Morgan Stanley Global Impact Funding Trust Inc

$75K · 2 grants · 2023–2024

Crichton Family Foundation

$75K · 4 grants · 2020–2023

Details

EIN813512599
NTEE codeB19
Subsection03
Ruling date2017-03
Formed2016
Employees2
Volunteers5
FRIENDS OF CHATTANOOGA PREP INC — Mission, Financials & Grants Received | Grantivo